2022
Exports
$1.48MWorld Rnk 89 / 208
Flag Rnk 79 / 96
2022
PRODUCT COMPLEXITY IN Clocks, watches, & parts
1.76Rnk 17 / 1025
2022
Imports
$11.4MWorld Rnk 106 / 224
Flag Rnk 76 / 96
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $1.48M in Clocks, watches, & parts, making it the 89th largest exporter of Clocks, watches, & parts in the world. At the same year, Clocks, watches, & parts was the 79th most exported product in Bosnia and Herzegovina. The main destination of Clocks, watches, & parts exports from Bosnia and Herzegovina are: Slovenia ($1.27M), Turkey ($58k), Germany ($43.4k), Egypt ($19.7k), and Brazil ($14.4k).

The fastest growing export markets for Clocks, watches, & parts of Bosnia and Herzegovina between 2021 and 2022 were Turkey ($48.5k), Egypt ($19.7k), and Croatia ($9.15k).

Imports In 2022, Bosnia and Herzegovina imported $11.4M in Clocks, watches, & parts, becoming the 106th largest importer of Clocks, watches, & parts in the world. At the same year, Clocks, watches, & parts was the 76th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Clocks, watches, & parts primarily from: China ($4.56M), Switzerland ($1.5M), Germany ($889k), Austria ($776k), and Slovenia ($611k).

The fastest growing import markets in Clocks, watches, & parts for Bosnia and Herzegovina between 2021 and 2022 were Netherlands ($133k), Spain ($75.3k), and Turkey ($74.5k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Clocks, watches, & parts. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.48M
IMPORTS (2022)$11.4M
NET TRADE (2022)-$9.92M

In 2022, Bosnia and Herzegovina exported $1.48M in Clocks, watches, & parts. The main destinations of Bosnia and Herzegovina exports on Clocks, watches, & parts were Slovenia ($1.27M), Turkey ($58k), Germany ($43.4k), Egypt ($19.7k), and Brazil ($14.4k).

In 2022, Bosnia and Herzegovina imported $11.4M in Clocks, watches, & parts, mainly from China ($4.56M), Switzerland ($1.5M), Germany ($889k), Austria ($776k), and Slovenia ($611k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Clocks, watches, & parts EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Turkey$48.5k (513%)
Egypt$19.7k (1%)
Croatia$9.15k (449%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Clocks, watches, & parts BY Bosnia and Herzegovina WERE (2021 - 2022):
Slovenia-$682k (-35%)
Germany-$42.8k (-49.6%)
Malaysia-$38.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bosnia and Herzegovina's main exporting competitors in Clocks, watches, & parts were:
In 2022, Bosnia and Herzegovina's main importing competitors in Clocks, watches, & parts were:

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Trade Value of Clocks, watches, & parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $26.1k
TOP IMPORT POTENTIALSwitzerland+ $1.17M

Clocks, watches, & parts’s highest export potential is United States. With an export gap of $26.1k.   Clocks, watches, & parts’s highest import potential is Switzerland with an import gap of $1.17M.

See methodology.

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